Dec 5, 2019 | Tax, Uncategorized
While due dates for individual income tax returns, Form 1040, and estimated tax payments will remain the same, there are new requirements that affect individuals. One of the most important new deadlines for individuals is the April 15 deadline to file the FinCen 114,...
Dec 5, 2019 | Investing, Uncategorized
There are many types of IRAs. This article will discuss Traditional IRAs, Roth IRAs and non-deductible IRAs, available to individuals (or a spouse of an individual) with earned income or collecting alimony. The first criterion to consider is your age. If you are over...
Dec 5, 2019 | Business Health, Uncategorized
Periodically we will highlight a ratio or benchmark and demonstrate how you can use it to better understand your business The disclaimer: Benchmarks and ratios, blindly applied, can be dangerous. Benchmarks can be useful in understanding areas to investigate, but it’s...
Dec 5, 2019 | News, Uncategorized
Beginning January 1, 2017 the rate drops from 7% to 6.875%. Next year there will be another decrease to 6.625%. There has been no change in the items subject to sales tax.
Dec 5, 2019 | Personal Finance, Retirement, Uncategorized
Sadly, the money that we defer from taxes in our 401(k)s and IRAs during our working lives must eventually leave the shelter of the retirement umbrella whether we like it or not. What is a required minimum distribution? The discussion below is not relevant to...
Dec 5, 2019 | Quickbooks, Uncategorized
Make QuickBooks automatically re-enter transactions that occur repeatedly. The short cut to do this is to press “Ctrl+M” while you’re entering a transaction. You’ll get a “Memorized Transaction” tool that will allow you to specify the parameters in order for repeat...
